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Bitcoin: $10 Billion short squeeze next? Key data says… Ambcrypto 08 out 2024

Bitcoin: $10 Billion short squeeze next? Key data says… 📈

Bitcoin

Bitcoin may soon face a $10 billion short squeeze, which could result in a significant price rally. Key data indicates this possibility.

As traders engage in short selling—betting that the asset’s price will decline—a short squeeze can occur when the price instead rises. This forces short sellers to buy back their positions to cover losses, further boosting the price.

The potential for such an event highlights the volatility and speculative nature of Bitcoin trading, where price movements can be swift and dramatic.

Fonte: ambcrypto.com ↗

Artigos semelhantes (6)

Bitcoin counts down to $100K BTC price as shorts risk 'violent breakout' Cointelegraph 22 nov 2024
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Bitcoin Short Squeeze: Shorts Surge, Risk Liquidation As Demand Remains The Coin Republic 10 nov 2024
Bitcoin Short Squeeze: Shorts Surge, Risk Liquidation As Demand Remains
$1B Short Squeeze Looms as Bitcoin Price Nears the $100K The Coin Republic 22 nov 2024
$1B Short Squeeze Looms as Bitcoin Price Nears the $100K
Bitcoin Price Prediction: Long Squeeze Fears Resurface with $60K Retracement on the Horizon Coinpedia 23 out 2024
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Bitcoin Traders Speculate on Imminent Price Rally Amid OTC Shortages and Supply Tightness Coinotag 01 nov 2024
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Bitcoin Shorts Increase Amid Potential for Short Squeeze Despite Ongoing Bullish Momentum Coinotag 09 nov 2024
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